Asked about How the algorithms actually work

Why does PPO limit how much the policy can change?

An answer that works

Because the policy determines the data you collect next. A bad update in supervised learning is corrected by the next batch; in RL it changes the distribution and can make recovery impossible. Clipping the step is what makes training survivable.

Reading an answer is not being able to give one. The section that teaches this is How the algorithms actually work, 4 hours of Reinforcement learning.

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